AeroVironment, Inc. (NASDAQ:AVAV) Short Interest Update

AeroVironment, Inc. (NASDAQ:AVAV) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 3,141,453 shares, a growth of 19.9% from the December 15th total of 2,620,349 shares. Approximately 6.3% of the shares of the company are short sold. Based on an average trading volume of 919,188 shares, the days-to-cover ratio is presently 3.4 days. Based on an average trading volume of 919,188 shares, the days-to-cover ratio is presently 3.4 days. Approximately 6.3% of the shares of the company are short sold.

Insiders Place Their Bets

In other AeroVironment news, CFO Kevin Patrick Mcdonnell sold 999 shares of the stock in a transaction on Monday, January 12th. The stock was sold at an average price of $367.60, for a total transaction of $367,232.40. Following the completion of the transaction, the chief financial officer directly owned 17,301 shares of the company’s stock, valued at approximately $6,359,847.60. This represents a 5.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Brian Charles Shackley sold 200 shares of the firm’s stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $250.92, for a total value of $50,184.00. Following the completion of the sale, the chief accounting officer directly owned 5,994 shares of the company’s stock, valued at $1,504,014.48. This represents a 3.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 3,223 shares of company stock valued at $1,092,503. Insiders own 0.81% of the company’s stock.

Institutional Trading of AeroVironment

Institutional investors and hedge funds have recently modified their holdings of the business. N.E.W. Advisory Services LLC grew its holdings in shares of AeroVironment by 60.0% during the third quarter. N.E.W. Advisory Services LLC now owns 80 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 30 shares in the last quarter. AlphaQuest LLC bought a new stake in AeroVironment during the third quarter valued at approximately $25,000. Tema Etfs LLC bought a new stake in AeroVironment during the fourth quarter valued at approximately $26,000. ORG Partners LLC grew its stake in AeroVironment by 296.0% in the 2nd quarter. ORG Partners LLC now owns 99 shares of the aerospace company’s stock worth $27,000 after buying an additional 74 shares in the last quarter. Finally, RMG Wealth Management LLC bought a new position in shares of AeroVironment in the 2nd quarter worth $28,000. Hedge funds and other institutional investors own 86.38% of the company’s stock.

Analyst Upgrades and Downgrades

AVAV has been the topic of a number of research reports. Cantor Fitzgerald lowered their price objective on AeroVironment from $335.00 to $315.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 10th. JMP Securities boosted their price target on shares of AeroVironment from $325.00 to $400.00 and gave the company a “market outperform” rating in a research report on Friday, October 3rd. Piper Sandler restated an “overweight” rating on shares of AeroVironment in a research note on Wednesday, December 10th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of AeroVironment in a report on Monday, December 29th. Finally, BTIG Research reissued a “buy” rating and set a $415.00 target price on shares of AeroVironment in a report on Monday, November 24th. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $375.41.

AeroVironment Price Performance

Shares of NASDAQ:AVAV opened at $330.89 on Wednesday. The company has a 50 day moving average of $286.16 and a 200 day moving average of $292.03. The stock has a market cap of $16.52 billion, a P/E ratio of -264.71, a P/E/G ratio of 5.80 and a beta of 1.16. AeroVironment has a 12 month low of $102.25 and a 12 month high of $417.86. The company has a current ratio of 5.08, a quick ratio of 4.29 and a debt-to-equity ratio of 0.16.

AeroVironment (NASDAQ:AVAV) last posted its earnings results on Tuesday, December 9th. The aerospace company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.43). The firm had revenue of $472.51 million during the quarter, compared to analysts’ expectations of $466.16 million. AeroVironment had a positive return on equity of 3.42% and a negative net margin of 5.08%.The business’s revenue for the quarter was up 150.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.47 earnings per share. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. As a group, sell-side analysts forecast that AeroVironment will post 3.38 EPS for the current fiscal year.

AeroVironment Company Profile

AeroVironment, Inc (NASDAQ:AVAV) is a technology company specializing in unmanned aerial systems (UAS), tactical missiles and precision loitering munitions, electric vehicle charging and scalable energy systems. Headquartered in Monrovia, California, the company develops solutions for defense, public safety and commercial markets. Their offerings include small UAS for intelligence, surveillance and reconnaissance, as well as advanced weapons systems designed to meet the needs of modern military operations.

The company’s unmanned aerial systems portfolio features platforms such as the Raven, Puma and Switchblade series, which are deployed by the U.S.